Recently, the number of Base DEX trading users has continued to grow, reaching 267k on June 17, a record high. Base DEX trading users have now surpassed BNB Chain and is second only to Solana. This is related to the more active Meme market on the Base chain. <dune.com/sealaunch/dex-metrics-on-base?Select+Timeframe_ed47bb=120>
According to news1, South Korea’s Seoul Southern Court issued an arrest warrant for the former Coinone Exchange’s listing team leader Kim and listing broker Huang for suspicion of fleeing. Hwang is suspected of bribery. news1.kr/articles/5010875
Interpretation: The Fed supplied most of the money abroad via “U.S. dollar liquidity swap lines.” In essence, it lends dollars for fixed periods to foreign central banks and in return takes in their local currencies at market exchange rates. At the loans' end , the Fed swaps back… Show
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements.… Show more
The 40 former branches of Signature Bank will operate under New York Community Bancorp's Flagstar Bank, N.A., on Monday, March 20, 2023. Flagstar Bank's bid did not include approximately $4 billion of deposits related to the former Signature Bank's digital banking business.… Show more
Bybit has suspended USD deposits via bank transfer due to service outages from partner. USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US bank) are no longer available. Bybit did not disclose whether the bank partner is Silvergate. announcements.bybit.com/en-US/article/notice-on-suspension-of-usd-payment-with-bank-transfer-blt8fe1124f4dc5c6a1/
Silvergate plowed most of its new funds into longer-term securities. By the end of the Q3 last year, only 11% most liquid assets was cash at the Fed and other banks with the rest in securities. Most of the rest were mortgage-backed bonds with contractual maturities of more than… Show more